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My bailout solution
1) recind Sarbanes-Oxley
2) recind Community Reinvestment Act of 1995 3) put back the uptick rule 4) put pack the original restrictions to Fannie-Mae & Freddie-Mac loans see how the market reacts, THEN let's talk about money Personally, I'd also like to see forfeiture of CEO "golden parachutes" if the company flounders or loses money due to mis-management. It wouldn't hurt to see some board of directors fired either. And WHY is the new 18-day CEO of Wachovia getting a $13+million severance?
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Mark _______________________________2001 X5 4.4i topaz blue/sand Sport, complete Dinan S2 , hitch, V1, tint, BSW Stage 1, Alpine INA-W910BT___________ Life is not fair! You can't protect people from their own stupidity! Laughter makes life worth living |
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